Applicant Eligibility
- Contributions will generally be made only to nonprofit organizations that have been granted tax-exempt status by the Internal Revenue Service.
- The organization must contribute to the community’s health and/or welfare.
- The organization’s services must be non-discriminatory in nature.
- Activities affiliated with a religious organization with a secular community designation are eligible for the Foundation’s consideration for support. A secular designation is defined as an organization separate from the church or religious organization that provides services to people regardless of their religious beliefs and does not propagate a belief in a specific faith. (Example: A food bank that is a separate 501(c)(3) organization from a church and provides food and meals to anyone who qualifies for services, regardless of religious belief.)
Evaluation Factors
The following will be considered in the evaluation of all funding requests:
- Potential benefit to residents of the TVEC Service Area and the entire community.
- Prior contribution level of TVEC Charitable Foundation or community support for the program or project of the organization requesting the funds.
- Fiscal and administrative capability of the organization to deliver a quality service or program.
- Results that are predictable and can be evaluated.
- The Foundation Executive Director shall evaluate funding requests and present recommendations to the Foundation Board of Directors.
Project Timing
Requests for funding should state whether the funds are intended for ongoing operations or for a specific project that will terminate at some point in the future. Whenever possible, requests for funding should be for projects that will be completed within twelve months following the Foundation’s approval of the grant application.
Project Reporting
Grant recipients will be required to submit a Project Final Report. This report describes the scope of the project, identifying the beneficiaries of the service and documenting how the Foundation funds were used. If a grant has previously been received an accounting of the utilization of the funds from that request must be attached to the new request.